₦airaland Forum

I can see we are progressing.

bigdot1759:
Pls here's my Questions
1, what's d meaning of "roll over"
2, if i have tbill of like #150m of 365days for 13.5% & before maturity market fall to 12.5%, will d percentage affect my stuff & if roll over, of which rate'lll be given?

guy read the thread from page 1 it will help u. This is not shares or stock market. Enjoy the thread

egobetatoday:
Hello, please what is d difference btw bonds and t/bills?
Is the interest rate on bonds better than T/bills?
How can I invest my money in bonds?
Which of the banks can I invest in bonds with?
Pls help with any other useful info.
Thanks.

Another learner .
1) you should take your time to read from page 1.

2)bond and Tbills are different investment vehicle.

3) you can invest In bond through a financial institution.

4) you can get more useful info on this thread from Page 1 to the current page.

My Advice: take your time to read from page 1 so you don't lose your money (few people here understand).

Well this is not a thread for Bond I'll have to create one to help you guys.


Princeuk21.

Glowstone:
where will they ship it to and which company are you talking about ,is it Aliexpress or chrisvic

s ¬¬¬¬¬¬¬¬¬¬¬

you can ship with them and use DHL or KBM Logistics to deliver it to your door step.

ednut1:
tbill rates have fallen o

91d – 10.00%
182d – 12.10%
364d – 12.70%

I was right

Shauron1:
Please feelamong and the gurus in the house, can this translate into losing the initial principal. If not, when is the next possible day this can be resolved?

the principal should be safe but the date it will be resolved, that i can't tell.

feelamong:
Dear xxxxxxxx

In the past two days, CBN has been experiencing system downtime with its settlement platforms, precisely RTGS & S4.

Consequently, these hitches have hampered CBN’s operations as deals that are meant to settle via these platforms are all pending. Some of the outcome of this challenge are briefed below:

1. The entire industry cannot determine the opening figures for trading money market instruments & fixed income securities.
2. RTGS operations are also halted as movement of cash amongst Banks is inoperative.
3. Treasury Bills maturities cannot be accessed. This means that Banks are yet to be credited with proceeds upon maturity yesterday.
4. Primary market auction which held two days ago is yet to be processed, and as a result, auction results cannot be advised.

While we crave your forbearance, we implore you to accordingly advise our customers, particularly those whose deals are pending. Also let customers know that this challenge is not peculiar to our Bank but to the entire industry.

However, CBN is working tirelessly to resolve issues and we will inform you of any development.

Many thanks.



THIS IS TO ADDRESS OUR FEARS!!!! AM SURE THE ISSUES WITH THEIR SYSTEM WILL BE RESOLVED SHORTLY!

I CAN SEE SOME PEEPS CHANGING THEIR MIND NOT TO INVEST AGAIN . AM ALSO THINKING CBN MAY REDUCE THEIR ACCEPTABLE BID RATE.

NIPOST AT MILE 1 IN PORT-HARCOURT NOW CHARGE N500 BEFORE YOU CAN PICK YOUR PACKAGE. HMMMMMM

Ymodulus:
At this point I know you have one or two ideas about what am about to discuss, now lets go there.



[size=16pt]Requirements[/size]

1. Minimum Starting Capital N20000 - 25000
2. You must be sharp, fast and agile. The Yam business is not for those who behave like ajebutters.
3.

following. ride on man

naijafemme:
I called Kobologistics and arranged everything by phone. This is my first time of using them and hoping there will be no stories. Will feedback on the outcome.
Mainland to island delivery.

koboblogistics is very fast and their fee is so cheap I always use them.

htconeline:
Some of these bank dont know about TB
I HAVE been bounce twice UNioN BANK did not submit my application two times just because they dont know the date.
Now I apply for 13.80 for 182days.....I check my acc with ATM this morning my more is still there.

I'll advice you mail their CC rep or go to another bank, time is money move the fund to another bank, First bank, GTB, zenith, UBA, Eco bank n more.

databoy247:
When you are searching for job and its not forth coming, then stop searching and start acting on other things. 5k can start a biz. A friend of mine sold his phone and gold necklace to start a very small biz. He did it like his life dependended on it and today he drives 2014 kia cerato. This was less than 4years ago. I dont like people whining. Do the kind of biz that people will see you and even mock you, those kind of biz pay better.

So sell that phone or gold or whatever and do something with the proceeds.

good point

scantee:
But y kum hate naija na?

lol

texaco1:
Brand HP
Model Pavilion dv4
Serial Number
CND9030V8W
Screen Size 14"
Screen Condition Good
Screen Cracked No
CPU 2GHz Intel Core 2 D
Whats Included
Hard Drive 320GB
Hard Drive Caddy/
Bracket Yes
Memory 4GB
Power Cord Yes
Diagnostic Tests
Optical Drive Yes
USB Ports Yes
WebCam Yes
Ethernet Yes
Keyboard Yes
Speakers Yes
Battery Yes
Power On
Functionality
LED Power Lights
Turn On Yes
Video Displayed on
LCD Yes
Video Displayed on
External Yes
Boot to OS with test
HD Yes
Boots into BIOS Yes
Price in Naira: NGN
40,000
Location: Ibadan, Oyo
08181708156,Wale

how much?

hotmomma:
thank angelo, i had to recheck, it shd be 19th of may not april.

better

hotmomma:
hello Sirs and mas,
my tbill was supposed to mature on the 19th of april but up untill now, i havent been alerted. pls whats your advice, hope i havent entered one chance.
nb this isnt my first time investing and i use first bank

you see why we said you should read from page one and not to rush into the investment? go to your bank

NairaQuest:
For those of you who want invest in mutual funds but lack the research tools, here is a sample of mutual fund research page for one of the mutual funds brought to you by Quantitative Financial Analytics Ltd

any explantion for beginners on mutual fund?
how do we go about it?
how do we buy?
who do we buy from?
what is the minimum amount?

Thanks

ernie4life:
am biding 10.5% for 91days, what do u think house?

the rate is ok

Gistdutch:
YES

shares should take 60% treasury bills should take 40%.

gabe:
I want to ask one mumu question, please bear with me. If one buys TBs at a certain %, say 13% for 91 days, can d govt thru CBN just up n say, TB interest rates r too high n cut it to say 5%? Or worse still, redominate d naira n ur 5 mill for instance bcome 50k?

lol this is truly a funny question . OK, I'll answer your question.

1) if you read the thread from page one you will never ask this question.

2) yes the govt can get up and say the rate is now 5% depending on the Economical condition of the state but that will be after the govt pays back your full principal. (naira depreciation and inflation can reduce the value of your money but that is another topic and a long story so no need to go deep into that but if you read from page 1 to this current page you will gain more insight).

3) the only risk here is in the case of a civil war.

4) Read from page one and don't ask this "MUMU" question else hmmmmm. .


Princeuk21

Houstency:
Thanks @Princeuk and @Ureee..
@Princeuk.. This is my fear, that the new government may alter the old rate in which the Tbills where sold and may not want to pay up the completely the money invested in the first instance( maybe claiming corruption, as the reason for his actions). Thanks for your advice, as i have already started reading the thread from page one. Sorry, i'm being skeptical here, but do please reply me based on your experience. Other gurus in the house, please help out.

lol your money is safe but make sure you go through the thread so as to enable you know when to invest and when to pull out remember its your money and you alone can choose when and where to invest it



Princeuk21

Gistdutch:
Pls in what ration can X naira be best invested on both tresury bill and stock (4 @least 6Month upward)

it all depends on your risk appetite, do you like taking financial risk?

kennyzboy:
Thanks @Princeuk21, I now know a bit better.

you are welcome

Houstency:
Goodday masters in the house.. Please, with the imminent change in government, would this period be a better time to buy Tbills, and for the gurus in the house, which bank has the best rate for now?? Thanks... I am newbie on Tbills, just trying to gather information before i invest my money.

1) its safe to invest now. (the issue is that the rates will soon start falling down).

2) you can check out first bank.

3) do well to read more on Nigeria Treasury Bills as a beginner ( this thread can help you with that).


Princeuk21.

silvoice:
Hi my good people of NL, I have apply for TB today against 23/4/15 at fbn. As a beginer, I have to go with bank rate. Didn,t even bother to ask d rate, but hope to get a good rate since dey would be bidding on my behalf. Thanks to u all 4 introducing me into this.

you are welcome

Gistdutch:
Thanks every1 4 ur contribution. I went back to meet the branch manager and she ordered the refund of my Money. And gotten the alert this eveny. Cheers

which bank is that?

justineu:
I will love to learn are u saying 7.5million will be the interest of the initial capital (10m)unda 5 yrs?

yes, from your above 15% calculation.

ednut1:
PRODUCT NAME
YIELD (%)
ASSET UNDER MANAGEMENT (N)
STANBIC IBTC MONEY MARKET FUND 13.28 35,757,615,454.25
ARM MONEY MARKET FUND 13.09 6,514,186,224.79
THE FBN MONEY MARKET FUND 12.97 23,590,175,000.00

fbn

first bank is going down too bad

Epphy:
Sir,

What biz can one do with such amount and get such profit daily? I am interested oo.

Thanks

I'll ask you to look around you. The hot selling product in my location may not be the same with that of yours. When there is a will there is always a way. Be careful not to fall victim of those quick and fast money business guys. Dont even think of playing gamble with that startup capital. I wish you Good luck.

PrinceUK21

kennyzboy:
Good afternoon people, please I would really appreciate it if any one here in the house knows much about federal government bonds and how profitable it is. For example let me take the 5 years bond at the rate of 15%, if one invests N10,000,000 on it what would be the ROI after the 5 years and also is the ROI paid upfront or after maturation. Thanks in anticipation of your help.

1) FGN Bonds are debt securities (liabilities) of the Federal Government of Nigeria issued under the authority of DMO and listed on the Nigerian Stock Exchange. The FGN has an obligation to pay the bondholder the principal and agreed interest as they fall due.

2) FGN bonds are debt instruments issued by the Federal Government of Nigeria for an agreed period of time. The investor lends an amount of money to the government and earns interest on the investment until the maturity of the bond when the principal will be returned.

3) I don't think they roll over the interest with the principal and if we are to calculate it then it should be (1,500,000 for the first year and if we multiply that figure by 5 years it should be 7,500.000).

4) Interest received on FGN bonds is not subject to tax so it is tax free.


Always here to help.
Princeuk21.

quicksales:
Women Pendant Vintage Quartz Watch

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PRICE N600

hmmm interesting I'll add u up now.